On 27 January 2011, the Ministry of Planning and Investment issued Circular No. 03/2011/TT-BKH (Circular 03) to provide guidelines on implementation of some articles of Decree No. 108/2009/ND-CP dated 27 November 2009 on investment on the basis of BOT (Build-Operate-Transfer) contracts, BTO (Build-Transfer-Operate) contracts and BT (Build-Transfer) contracts (Decree 108).

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